when will the iou's in the Social Security Trust Fund be repaid?
even Senator Hollings, demo from SC, has said there is no surplus.....

seems to me that if a tax cut is given, it should be as an incentive
towards savings and investment...not just as a political ploy for
election purposes....

plus, i have heard no specifics as to what type/kind of tax
cuts.....and, did the l986 cuts produce increased revenues?

we spend around 250 billion each year just on the interest of
the national debt....even Greenspan as indicated paydown on
this debt to be more useful than a huge tax cut....

any comments?

Mark Gill

Mumpsimus wrote:
>
> From: Mumpsimus <mumpsimus@...>
>
> Mark Gill wrote:
> question...since everyone says there is no real surplus, why
> is such a huge Republican tax cut even feasible? if such a cut
> were to occur, Washington would simply find other ways to tax,
> in order to make up the loss of revenue....rather obvious, isnt
> it?
>
> Historically, every -- repeat EVERY -- time taxes have
> been CUT, government revenues have increased.
>
> The 'surplus' is derived from excess Social Security taxes
> which were not doled out in elderly and other arbitrary
> groups welfare.
>
> Mumpsimus
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--
Envoy to Caribbean, IAEWP (NGO)
Albert Schweitzer Caribbean Foundation
Albert Schweitzer Society International
drgill markgill@...